First Solar Misses Q2 Estimates

- First Solar Misses Q2 Estimates



Aug 4, 2011

First Solar (NASDAQ:FSLR) reported adjusted Q2 EPS of $0.70, missing analyst estimates of $0.92. Revenues for the quarter fell 9.4% to $533 million, less than consensus estimates of $583.42 million.

Rob Gillette, CEO of First Solar said, "First Solar continued to execute in the quarter despite a challenging European market, and our 2011 outlook remains solid due to our differentiated and resilient business model. We expect stronger performance in the second half of 2011 as we build projects from our systems pipeline, develop promising new markets, execute our cost reduction roadmaps and continue to improve module efficiencies."

First Solar (NASDAQ:FSLR) has a potential upside of 42.2% based on a current price of $107.94 and an average consensus analyst price target of $153.5.

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Energy Transfer Equity Misses Estimates For Q2

- Energy Transfer Equity Misses Estimates For Q2



Aug 3, 2011

Energy Transfer Equity (NYSE:ETE) reported adjusted Q2 EPS of $0.30, missing analyst estimates of $0.37 per share. Revenues for the quarter rose 45% year-over-year to 1.62 billion, below consensus estimates of $1.81 billion

Mike Bradley, president and chief executive officer of Regency said, "Regency delivered strong results in the second quarter of 2011, fueled by our acquisition activity over the last year and volume growth in south and west Texas in our Gathering and Processing segment."

Energy Transfer Equity (NYSE:ETE) has a potential upside of 21.4% based on a current price of $40.7 and an average consensus analyst price target of $49.4.

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Delta Airlines Q2 Misses Earnings Estimates Due To Costly Fuel Prices

- Delta Airlines Q2 Misses Earnings Estimates Due To Costly Fuel Prices



Jul 27, 2011

Delta Airlines (NYSE:DAL) reported a Q2 loss of $0.43, narrower than analyst estimates for a loss of $0.46 per share. Revenues for the quarter rose 12.1% year-over-year to $9.15 billion, missing consensus estimates of $9.16 billion.

Richard Anderson, Delta's chief executive officer said, "High fuel prices are putting significant pressure on the industry, but the benefits of Delta's strategic actions and the dedication of Delta employees are evident in the solid profit we produced despite more than $1 billion in higher fuel expense. Our revenue momentum, coupled with the capacity reductions we are making in September and actions to get our non-fuel costs to 2010 levels, will generate the margins we need to hit our return targets."

Delta Air Lines (NYSE:DAL) has a potential upside of 80.1% based on a current price of $8.02 and an average consensus analyst price target of $14.44.

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